TMG Partners and Fortress acquire eight research and development buildings from Cisco

About This Report

Abstract:

A joint venture of Fortress Investment Group LLC and TMG Partners has acquired the eight research and development (R&D) buildings in North San Jose, US representing more than 800,000 square feet from Cisco Systems, Inc., a manufacturer of Internet protocol-based networking systems, for a consideration of approximately $190 per square foot or $154 million in total.

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